Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors. Moreover, losses in leveraged products may exceed your initial deposit. The Minimum Deposit amount required to register an WorldTradex live trading account ranges from USD 5 – USD 10’000. WorldTradex makes three live trading accounts available, the Micro Account, Standard Account, WorldTradex Ultra Low, and Shares Account.
WorldTradex Deposit Bonus
If you haven’t received your cash following the withdrawal, you should contact your banks or payment service providers to trace the money transfer. The procedure might take up to a week when withdrawing money using credit or debit cards, depending on the card company. WorldTradex offers you deposits and withdrawals that take as little as two or three days to process. When withdrawing money, this is critical as the user gets their money very quickly compared to other trading platforms. The article below will cover WorldTradex trading minimum deposit requirements across all four trading accounts at WorldTradex with the different base currencies.
Filippo Ucchino started his trading career in Forex trading in 2005. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. WorldTradex bonus amounts and WorldTradex deposit bonuses are available though not to those regulated under CySEC/ESMA. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. To top up your account, you need to become a registered client of WorldTradex.
How Much May I Deposit and Withdraw at a Time?
Furthermore, in 2015, the broker has introduced a new opportunity for the traders residing in South Africa and Singapore – they can now choose ZAR and SGD as their base currencies. Therefore, you will not need to worry about currency conversions all the time. WorldTradex has one of the most diverse payment method portfolios among all Forex brokers. You can make a minimum deposit WorldTradex Forex either through bank wire, Visa/Mastercard credit, and https://worldtradex.site/ debit cards, UnionPay, Skrill, Neteller, Bitcoin, USDT, WebMoney, and Perfect Money.
- WorldTradex offers a wide range of payment methods for both deposits and withdrawals, providing flexibility and convenience.
- For a conventional Bank transfer of deposit amount in the forex account, at least two hundred USD or equivalent will have to be deposited in the forex account at a time.
- If you’ve made several deposits, please contact the WorldTradex support staff to determine which options are available for money withdrawals.
- Additionally, WorldTradex offers a $30 no-deposit bonus, allowing you to start trading and potentially earn profits without risking your capital.
- After that wait for the broker to accept and process your deposit.
- The WorldTradex minimum deposit is $5, but it takes significantly more capital to trade effectively, and traders should consider depositing more.
- That is true for all withdrawal methods, and the money must be returned to the source of the fund’s deposit.
WorldTradex Broker Deposit Methods
Yes, through the Shares Account, which provides direct access to individual stocks.
Founded in 2009, WorldTradex has over 1000 trading instruments and multiple account types which are designed for newbies, and experienced and professional traders. Trading tools are also provided to assist the traders with market analyses. After looking at WorldTradex’s low minimum deposit, variety of payment methods, and strong reputation, it’s clear they’re a solid choice for South African traders. Whether you’re just starting out or you’re an experienced trader, WorldTradex offers a secure and accessible platform. To encourage people to become curious about forex trading, WorldTradex offers a $30 no-deposit bonus to those who create a new account with WorldTradex. This bonus allows the new trader to take the risk of trading without risking his own money.
How to Deposit Money into Your WorldTradex Account: Steps
That holds valid for both of the popular account types; the Standard and Micro accounts. Depending on your regulatory jurisdiction, you may be able to access alternative account types and minimum deposits that are far larger than the one we just discussed. WorldTradex is a regulated online broker offering forex and CFD trading on major financial markets including currency pairs, stocks, indices, metals, and energies.
Stay in full control of your trading costs with a Zero Account. Open an account today to access fair conditions and get everything you need to achieve your trading goals. Traders can fund their WorldTradex account via numerous payment processors listed in the WorldTradex member area. In this review, I’ll break down everything you need to know about getting started with WorldTradex, especially how little it takes to open an account. Since its inception, WorldTradex has grown rapidly and now has over 2 million clients from 196 countries. You can see a list of just a few recent awards bestowed upon WorldTradex.
- WorldTradex is a well-established, reliable Forex broker offering flexible account types, efficient deposit/withdrawal options, and a variety of trading platforms.
- The Standard Account is suitable for traders who have gained some experience and are ready to trade larger volumes while still benefiting from the low minimum deposit requirement.
- Available in both standard and micro sizes with no commissions and negative balance protection.
- The only base currencies available to holders of Zero Accounts are USD, EUR, and JPY.
- In addition to the $30 Bonus, WorldTradex Broker occasionally offers deposit bonuses, where a percentage of your deposit is credited as bonus funds.
There is a small commission of $3.50 charged on every side per lot traded. When signing up with WorldTradex you are required to provide certain personal information, such as your date of birth, proof of ID and address in order to open a WorldTradex account. This is a requirement of financial regulators that WorldTradex are monitored by. Typically, you will be required to upload a photo of your identification card to WorldTradex in order to pass WorldTradex KYC verification. You will need a valid email address and phone number to open a trading account with WorldTradex.
For South African traders, WorldTradex accepts deposits in South African Rand (ZAR). As of today, that’s about 89 ZAR, but remember this can change based on the exchange rate. $5, that’s the WorldTradex minimum deposit, but this depends on the account type you want to open with the WorldTradex broker.
When using currencies different from the base currency of the account, conversion is automatic. WorldTradex will apply the prevailing interbank price at the time of the transaction. You may make deposits to WorldTradex trading accounts in a variety of ways. Kindly follow the directions below to deposit into WorldTradex’s trading account.